weekly market recap q3 earnings highlights jan 26 feb 1
The third-quarter earnings season is in full swing, bringing both exciting wins and critical insights into various industries. This week, some businesses soared with record-breaking numbers, while others navigated market challenges with resilience. Let's dive into the highlights and uncover the biggest takeaways.
Vishnu Chemicals made a remarkable comeback, showcasing robust growth across all key financials:
Revenue: ₹371 crore (+22% YoY)
EBITDA: ₹63.5 crore v/s Q324’s ₹40.9 crore (+55% YoY, +41% QoQ)
Operating Margin: Improved to 17.1% (from 13.5%)
Net Profit: ₹34.4 crore (+66% YoY, +51% QoQ)
Key drivers: Strong domestic market performance and improved Barium segment utilization.
Future outlook: Declining freight costs and the acquisition of Jayansree Pharma (completed in Nov 2024) position the company well for future growth.
Adani Wilmar reported yet another stellar quarter, fueled by robust demand for its core products and strategic cost management. Let’s look at some key numbers:
Revenue: ₹16,491 crore (+33% YoY)
EBITDA: ₹791 crore (+57%)
PBT: ₹546 crore (vs ₹281 crore YoY, ₹402 crore QoQ)
Net Profit (PAT): ₹411 crore, nearly double YoY
EPS: ₹3.15 vs ₹1.90 (+66%)
Key takeaway: Impressive growth in revenue and profitability reflects strong operational performance and an increasing demand. A steady and strong increase in EPS reflects streamlined operations and cost efficiency.
Future Outlook: A continued emphasis on product innovation and market expansion is expected to sustain growth momentum.
Despite a revenue dip, Wheels India strengthened its profitability through strategic cost management:
Revenue: ₹1,057 crore (vs ₹1,130 crore YoY)
EBITDA: ₹78.8 crore (v/s ₹61.5), up 28%.
PAT: ₹22.6 crore (vs ₹12.6 crore YoY), up 79%!
Key driver: Lower raw material costs fueled margin expansion. The other key contributors were a solid product mix, higher productivity, and improved costs.
Future Outlook: The domestic demand for the CV wheel segment is expected to see an uptick in Q4, driven by improving market conditions. While exports have faced a decline this year due to cyclicality in the off-road product range, the company is well-positioned to regain momentum in the coming year through strategic new product programs aimed at expanding its global footprint
Jindal Drilling profits skyrocketed 106% and delivered blockbuster Q3 Results, thanks to its joint venture gains:
Revenue: ₹239 crore (vs ₹183 crore YoY, ₹173 crore QoQ)
Other Income: ₹15 crore (vs ₹6 crore YoY)
PBT: ₹82 crore (2x YoY)
PAT: ₹66 crore (v/s ₹31.9 crore) up by 106%.
Key takeaway: The company’s profitability continues to climb, supported by strategic partnerships.
Revenue: ₹695 crore (vs ₹636 crore YoY, ₹680 crore QoQ)
EBITDA: ₹46.2 crore (v/s ₹34.8 crore YoY)
PAT: ₹32 crore (v/s ₹20 crore YoY)
EPS: ₹4.61 (v/s ₹ 3.12 YoY)
Key takeaway: The focus on high-margin contracts is delivering substantial returns. With a steady increase in sales and exceptional cost management, the company posted an almost 50% increase in both PAT and EPS.
Revenue: ₹449 crore (+17% YoY)
PBT: ₹61.5 crore (vs ₹42 crore YoY)
EBITDA: ₹78.9 crore (vs ₹58.2 crore), up by 36%
PAT: ₹46 crore (strong YoY & QoQ growth)
Key takeaway: After a slow start to the year, the company is finally showing signs of steady growth and looks to end the year with solid numbers, contributed by a strong number of wedding dates.
Revenue: ₹2,975 crore (+91% YoY)
EBITDA: ₹493 crore (doubled YoY)
Operating Margin: 16.6% (vs 15.5% YoY)
PAT: ₹388 crore (vs ₹203 crore YoY)
Key takeaway: Exceptional growth proves Suzlon’s dominance in the renewable energy sector. With the highest order book ever, the company shows strong signs of continued growth, despite slight tailwinds in the wind energy sector.
Future outlook: Suzlon is gearing up for expansion with larger wind turbines beyond its S144 series, but the specifics are still under the wraps, as they await the performance insights for S144. This reflects its commitment to a strategic, data-driven approach to market growth while staying true to its roots.
Revenue: ₹7,073 crore (vs ₹6,603 crore YoY)
EBITDA: ₹1,989 crore (up 13.8% YoY)
PBT: ₹1,916 crore (vs ₹1,668 crore YoY, ₹1,789 crore QoQ)
PAT: ₹1,571 crore (vs ₹1,068 crore YoY)
With the highest-ever EBITDA margin, steady growth keeps Cipla on a strong trajectory.
Revenue: ₹274 crore (+65% YoY)
EBITDA: ₹697 (+159% YoY)
Operating Margin (OPM): 25% (vs 16% YoY)
PAT: ₹45.4 crore (+168% YoY)
Key Highlight: The company is on track for a stellar FY25, having nearly matched its previous full-year revenue in just nine months, reaching INR 698 crores. Highest-ever revenue, EBITDA, PBT, and PAT – a phenomenal quarter indeed! Also, it’s the First Indian manufacturer to enter an Electrolyte Additives Segment.
Key drivers: A strong performance in CDMO and Advanced Pharmaceutical Intermediates. CDMO remains a key growth engine, with revenue projections soaring from INR 80-90 crores last year to an estimated INR 1,000 crores by FY28.
Future Outlook: Multiple projects are in the pipeline and set for commercialization by FY26, positioning the company for sustained momentum
Revenue: ₹1,464 crore (+25% YoY)
EBIDT: ₹414 crore (+58% YoY)
PAT: ₹236 crore (up 322% YoY)
Key takeaway: Unmatched growth solidifies Brigade Enterprises as a real estate leader. It’ll be interesting to see how things play out against industry leaders and the overall growth of the company in Q4 and beyond.
This week’s earnings results paint an optimistic picture of India’s economic resilience. From renewable energy to hospitality, real estate, and manufacturing, companies are leveraging strategic expansions, operational efficiencies, and cost management to drive profitability.
While businesses like Suzlon Energy, Ami Organics, and Brigade Enterprises posted phenomenal numbers, others like Wheels India demonstrated that even in challenging conditions, smart cost control can lead to stronger margins.
As the earnings season progresses, all eyes remain on how companies continue to adapt to global and domestic challenges. One thing is certain—India Inc. is on a growth trajectory, and the momentum shows no signs of slowing down!
Which of these earnings reports surprised you the most? Let us know in the comments!